Answer:
adding up consumption, investment, government expenses, and net exports
adding up the market prices of final goods and services produced in the US
adding up the incomes of producers and taxes paid to the government
Explanation:
GDP is measured by three approaches, namely production, expenditure, and income.
In the <u>expenditure approach</u>, GDP is obtained by the formula GDP = C + G + I + NX, where c is consumption. G is government spending, I investment, and NX is net exports. Net export is the difference between imports and exports. The expenditure approach is also the consumption approach.
The <u>production approach c</u>alculates GDP by adding up the value of finished products. The Approach considers new products meant for consumption to avoid double counting.
The <u>income approach</u> recognizes the fact that expenditure is somebody's else income. Income considered includes wages paid to labor, the return on capital in the form of interest, the rent earned by land as well as corporate profits.
Answer:
The correct answer is B: the jobs produced during the period have been under-costed
Explanation:
Giving the following information:
If manufacturing overhead has been under-allocated during the period, then which of the following is true?
(a) the jobs produced during the period have been over-costed
(b) the jobs produced during the period have been under-costed
(c) the jobs produced during the period have been costed correctly
(d) none of the above
When manufacturing overhead has been under-allocated means that the actual costs incurred where superior that the estimated cost for the period.
D. They can cause employees to lose their jobs unfairly.
The answer is marginal costs in both places are the same. This
is because the farmers in both places are profit-maximizers, the value in each flat
is equal to MC or Marginal Cost and subsequently the market of corn is competitive,
the price of corn in both places is the same. Also, marginal costs are higher
in East Icicle than in Corncrib can also be a possible answer. For any given outflow
per acre Corncrib’s corn yield are far better than in East Icicle, at any level
of output, the marginal cost per acre in East Icicle must be higher in
Corncrib, which suggests that in equilibrium the output level of corn in East
Icicle is less than the output level of corn in Corncrib.
Answer:
The correct answer is B
Explanation:
Internal operational communication is the one which occurs or happen for carrying out the operations of the firm or the company. Internal members of the company like the members of trade union, workers, the Board of directors and managers.
This form of the communication in the company, is written and the oral form.
Therefore, it is defined as the communication which helps in sustaining or making the relationship upon which the business or the company grounded and it is more vital than ever.
